DNO ASA Appoints New CFO to Drive Growth

An update from DNO ASA ( (GB:0MHP) ) is now available.

DNO ASA has announced the appointment of Birgitte Wendelbo Johansen as Chief Financial Officer, effective November 1, 2025. She succeeds Haakon Sandborg, who has served in the role for 24 years and will remain in a senior advisory position until the end of the year. Johansen brings extensive experience from her previous role at Reach Subsea ASA and a background in banking focused on shipping and energy. This leadership change is expected to support DNO’s growth trajectory and maintain its strong financial management, as evidenced by Sandborg’s successful tenure marked by 21 bond placements without defaults.

More about DNO ASA

DNO ASA is a Norwegian oil and gas operator, active in regions such as the Middle East, the North Sea, and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the company holds stakes in onshore and offshore licenses at various stages of exploration, development, and production in countries including Iraq, Norway, the United Kingdom, Côte d’Ivoire, and Yemen.

Average Trading Volume: 2,418,372

Current Market Cap: NOK15.6B

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